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You never pay less than depreciation on a lease (unless the lease company is staffed by idiots); in fact you'll pay more. The only way a leasing company can make
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03-12-2009, 09:33 AM
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Join Date: Jan 2009
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You never pay less than depreciation on a lease (unless the lease company is staffed by idiots); in fact you'll pay more.
The only way a leasing company can make money is to at least cover the depreciation they experience (between what they pay for the vehicle less what they eventually sell it for) plus the interest rate they charge...those that don't do both at least the majority of the time don't stay in business very long.
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